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Which of the following accurately describes a difference between hedge funds and mutual funds? Mutual funds often sell stcks short while hedge funds typically focus

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Which of the following accurately describes a difference between hedge funds and mutual funds? Mutual funds often sell stcks short while hedge funds typically focus on a buy-and-hold strategy in equities Hedge fund assets are marked to market daily when the Net Asset Value is calculated while mutual fund assets are much less liquid Hedge funds are more transparent about their holdings than mutual funds Hedge fund managers have stronger performance incentives than mutual fund managers

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